Television

Raj TV looking at raising Rs 200 crore through stake sale

http://www.indiantelevision.com/sites/default/files/styles/smartcrop_800x800/public/images/tv-images/2014/02/15/logo.jpg?itok=fMg7ZY8G

MUMBAI: Raj TV Network is keen on further strengthening its presence in its core market of south India and also expanding its reach to the diaspora from the four states of Tamil Nadu, Kerala, Karnataka and Andhra Pradesh.

The television network is on the lookout for equity investors – financial or strategic – to fund its growth plans. The company has appointed Destimony Securities as its advisor for the equity stake sale.

“By getting in investors, we are looking at raising approximately Rs 200 crore,” Destimony Securities MD and CEO Sudip Bandhopadhyay told Indiantelevision.com.

Raj TV Network plans to revamp its clutch of south Indian GECs, music and news channels and also on furthering its brand in the Telugu market.

The network operates 12 channels – four in Tamil, three in Telugu, two in Kannada, two in Malayalam and one in Hindi.

Raj TV Network also has a large library of Tamil movies which has not yet been tapped gainfully.

“We have a huge inventory of Tamil movies that needs to be monetised. Alongside, the large diaspora of the four states in the South needs to be captured,” Bandhopadhyay said.

Ernst & Young had in 2007 valued Raj TV Network’s movie collections at Rs 325 crore.

The network is currently busy revamping its Telugu channels  --  Raj Musix Telugu, Raj Telugu News and Vissa.  The relaunch of the Telugu channels is expected sometime next month. Raj TV Network also plans to rebrand Vissa to prefix the Raj brand.

Apart from this, Raj TV Network has ambitious plans to make its presence felt in northern parts of the country.

“We don’t just want to build the brand name in the south but also move to other regional markets as well,” says Raj TV MD M Raajhendhran.

The network is already present in a few Hindi speaking markets with Raj Parivar, which currently features only songs. It has long term plans to start GECs and other regional music channels as well in north India. Bhojpuri is one of the markets Raj TV Network is considering. Additionally, it is also looking at the Bengali market.

In the third quarter ended 31 December 2013, Raj TV Network reported a 53.98 per cent rise in net profit to Rs 4.99 crore (20.01 per cent of revenue during the quarter) from Rs 3.24 crore (18.55 per cent of revenue of that quarter) a year ago.

Latest Reads

http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/21/mix.jpg?itok=u3C43Zdi
Republic Media Network elevates Vikas Khanchandani as Group CEO

In a major announcement on the eve of the expansion of Republic Media Network, it has announced the induction of Bhaksar Das as group president and the elevation of Vikas Khanchandani as group CEO Republic Media Network.  

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/19/BARC_Marathi.jpg?itok=gSCdHeBx
No changes in Marathi, Telugu segments in BARC data week 2

In the Bengali market, Jalsha Movies and Aakash Aath interchanged their fourth and fifth positions in BARC data week 2. Bhojpuri Cinema and Big Ganga swapped their first and second position in the Bhojpuri space. Zee Kannada and Colors Kannada swapped their first and second positions in the Kannada...

Television TV Channels Viewership
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/18/dettol.jpg?itok=dKznWfK6
Dettol topples Trivago from top spot in BARC week 2 of 2019

The Broadcast Audience Research Council (BARC) India has released its data for top advertisers and brands for week 2 of 2019.

Television TV Channels Viewership
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/19/BARC.jpg?itok=6hNM0QtI
Four news genres saw no change in BARC week 2

All the four genres apart from Hindi news urban market saw no change in second week of the year. Aaj Tak continued to groove on the same tracks in the rural, urban and U+R genres as it did the previous year. India TV and News18 India interchanged their positions in the Hindi news urban market.

Television TV Channels Viewership
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/19/Kapil_Sharma_Show.jpg?itok=SXRBwXr7
Sony Entertainment Television leads urban areas in week 2 of BARC

Sony Entertainment Television jumped to second position to fifth position as compared to the previous week in the Hindi (U+R) genre in Broadcast Audience Research Council (BARC) data for week 2 of 2018. Zee Anmol retained its first position in the rural market. Sony Entertainment Television and...

Television TV Channels Viewership
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/18/aaj.jpg?itok=WTXjyKeT
Aaj Tak becomes the world’s first News Channel to be awarded YouTube’s ‘Diamond Play Button’

India’s No.1 news channel Aaj Tak creates history yet again! The prestigious ‘Diamond Play Button’ bestowed by YouTube, recognises Aaj Tak as the global no.1, the first and the only news channel in the world to have crossed the 10 Million Subscriber mark.

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/18/news.jpg?itok=PDqQIFhw
News18 India launches campaign; asserts channel’s leadership

News18 India, Network18’s general Hindi news channel, recently launched a campaign with a humorous and quirky film to drive home its leadership position in the crucial primetime band in the highly competitive Hindi TV news segment.

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/18/flix.jpg?itok=1RgvxTpA
Join Drac’s Pack on their cruise as &flix presents its next #FlixFirstPremiere ‘Hotel Transylvania 3: Summer Vacation’

It is seldom that you get to see the hilarious side to a monster trying to get himself a date with the help of a technological app like Siri! Have you ever seen a monster film that is full of fun, frolic, laughter, romance and adventure?

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2019/01/18/9xm.jpg?itok=ZerfjJqA
9XM On Stage with Salim Sulaiman

To celebrate the Republic Day week, 9XM - India’s most popular Bollywood music destination announces the launch of 9XM On Stage a splendid musical night created in honour of the Indian Armed Forces.

Television TV Channels Music and Youth

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories